NOT LISTED FOR SALE

10023 Founders Way Damascus, MD 20872

Estimated Value: $832,000 - $925,000

4 Beds
3.5 Baths
2,862 Sq Ft
$304/Sq Ft Est. Value

Last Sold October 09, 2014

Last sale price $600,000 $210 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,330/month

31 Days on Market

Highlights

  • Open Floorplan
  • Curved or Spiral Staircase
  • Vaulted Ceiling
  • Woodfield Elementary School Rated A
  • Colonial Architecture
  • Wood Flooring

About This Home

As of October 2014

Handsome brick front colonial** level lot**Well maintained by original owners***4 spacious BR & 3.5 baths***LR, DR, office, Kit, breakfast area ,FAM RM w/fireplace,1/2 bath, Laundry Rm**glass enclosed 3-season room off kit**Office w/ built-in **Partly fin basement w/full bath ** garden shed off patio***extensive garden, hardscape, and plantings***2 car gar & extra wide parking pad***Sparkles**

Last Agent to Sell the Property

Kay Waters

(301) 921-1040 ofan@erols.com Coldwell Banker Realty Listed on: 08/03/2014

Coldwell Banker Realty

Last Buyer's Agent

James Russell

(301) 580-7232 matt.russell@dashnc.com Redfin Corp

Redfin Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,611

Year Built

  • Built in 1995

Lot Details

  • 0.35 Acre Lot
  • Split Rail Fence
  • Partially Fenced Property
  • Stone Retaining Walls
  • Extensive Hardscape
  • Property is in very good condition
  • Property is zoned RE2

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Curved or Spiral Staircase
  • Crown Molding
  • Vaulted Ceiling
  • Recessed Lighting
  • Fireplace Mantel
  • Window Treatments
  • Palladian Windows
  • Bay Window
  • French Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den
  • Game Room
  • Screened Porch
  • Storage Room
  • Utility Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Patio
  • Shed

Utilities

  • Humidifier
  • Zoned Heating and Cooling System
  • Heat Pump System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 161203043153
  • $659 Front Foot Fee per year

Community Details

Overview

  • Association fees include management, trash

Amenities

  • Common Area

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,611

Year Built

Built in 1995

Lot Details

0

HOA Fees

$37 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop, Dishwasher, Disposal, Dryer, Icemaker, Humidifier
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Island, Kitchen - Table Space, Dining Area, Master Bath(s), Crown Moldings, Curved Staircase, Upgraded Countertops, Wood Floors, Window Treatments, Recessed Lighting, Floor Plan - Open
  • Window Features: Bay/Bow, Palladian
  • Fireplace Features: Mantel(s)
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: French
  • Wall Ceiling Types: Vaulted Ceilings, High, 9'+ Ceilings
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Foyer, Study, Laundry, Storage Room, Utility Room, Screened Porch
  • Basement: Yes
  • Basement Type: Sump Pump, Full, Heated, Partially Finished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures List: Shed
  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Exterior Features: Extensive Hardscape, Stone Retaining Walls
  • Roof: Composite
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Heat Pump(s)
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Central, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 37.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Common Grounds, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Management, Trash
  • HOA Condo Co-Op Management Type: Professional - Off-Site
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Fencing: Partially, Split Rail
  • Improvement Assessed Value: 313000.00
  • Land Assessed Value: 188800.00
  • Lot Size Acres: 0.35
  • Lot Size Area: 15400
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15400.00
  • Outdoor Living Structures: Patio(s), Enclosed, Porch(es)
  • Property Condition: Very Good
  • Zoning: RE2

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14000513
  • Tax Annual Amount: 6610.98
  • Assessor Parcel Number: 161203043153
  • Tax Lot: 2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013

Multi Family

  • Front Foot Fee: 658.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2014
Closed on
Oct 9, 2014
Sold by
Kaylor Clarence A and Kaylor Jean M
Bought by
Tapp Jeremy E and Tapp Katherine N
Seller's Agent
Kay Waters
Coldwell Banker Realty
Buyer's Agent
James Russell
Redfin Corp
List Price
$629,900
Sold Price
$600,000
Premium/Discount to List
-$29,900
-4.75%
Current Estimated Value
$869,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,749
Avg. Annual Appreciation
3.38%
Original Mortgage
$480,000
Outstanding Balance
$367,990
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$501,759

Purchase Details

Closed on
Aug 11, 1995
Sold by
Ryan Homes
Bought by
Kaylor Clarence A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,850
Interest Rate
7.48%

Purchase Details

Closed on
May 23, 1995
Sold by
Log House Llc
Bought by
Nvr Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tapp Jeremy E $600,000 Old Republic Natl Title Ins
Kaylor Clarence A $286,550 --
Nvr Homes Inc $88,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tapp Jeremy E $480,000
Previous Owner Nvr Homes Inc $185,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2014 10/09/14 Sold $600,000 -2.4% $210 / Sq Ft
09/03/2014 09/03/14 Pending -- -- --
09/01/2014 09/01/14 Price Changed $615,000 -2.4% $215 / Sq Ft
08/03/2014 08/03/14 For Sale $629,900 -- $220 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,788 $761,033 -- --
2024 $8,788 $724,500 $188,800 $535,700
2023 $7,639 $686,667 $0 $0
2022 $6,876 $648,833 $0 $0
2021 $6,265 $611,000 $188,800 $422,200
2020 $6,265 $600,633 $0 $0
2019 $6,134 $590,267 $0 $0
2018 $6,682 $579,900 $188,800 $391,100
2017 $6,506 $553,867 $0 $0
2016 -- $527,833 $0 $0
2015 $5,526 $501,800 $0 $0
2014 $5,526 $498,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    Kay Waters

    Coldwell Banker (NRT-Southeast-MidAtlantic)

    Section Image

  • J

    Buyer's Agent in 2014

    James Russell

    Redfin Corp

    Section Image
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Map

Source: Bright MLS

MLS Number: 1003143248

Bright MLS

APN: 12-03043153

Maryland Montgomery County Damascus 20872

10023 Founders Way, Damascus, MD

Not Listed for Sale

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